Heartland Bank & Trust Co bought a new stake in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 8,343 shares of the auto manufacturer’s stock, valued at approximately $643,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Laurel Wealth Advisors LLC purchased a new stake in General Motors during the 4th quarter worth $25,000. Evergreen Advisors LLC purchased a new position in General Motors in the 1st quarter valued at about $26,000. SouthState Bank Corp grew its stake in shares of General Motors by 101.7% during the fourth quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock valued at $29,000 after acquiring an additional 177 shares in the last quarter. Kelleher Financial Advisors acquired a new stake in shares of General Motors during the third quarter valued at about $29,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in shares of General Motors during the fourth quarter worth about $30,000. Institutional investors and hedge funds own 92.67% of the company’s stock.
Insider Transactions at General Motors
In other General Motors news, EVP Grant Michael Dixton sold 40,000 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $88.44, for a total value of $3,537,600.00. Following the sale, the executive vice president directly owned 54,992 shares in the company, valued at approximately $4,863,492.48. This trade represents a 42.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 8,882 shares of the business’s stock in a transaction on Monday, July 27th. The shares were sold at an average price of $86.95, for a total transaction of $772,289.90. Following the transaction, the executive vice president directly owned 28,513 shares of the company’s stock, valued at approximately $2,479,205.35. This trade represents a 23.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,241,401 shares of company stock valued at $106,313,695 over the last three months. 0.44% of the stock is currently owned by company insiders.
General Motors Stock Performance
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last announced its quarterly earnings results on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share for the quarter, topping analysts’ consensus estimates of $3.19 by $0.38. The business had revenue of $48.03 billion for the quarter, compared to analysts’ expectations of $47.01 billion. General Motors had a return on equity of 18.18% and a net margin of 1.05%.The business’s quarterly revenue was up 1.9% on a year-over-year basis. During the same period in the prior year, the firm earned $2.53 EPS. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. As a group, analysts anticipate that General Motors Company will post 13.29 EPS for the current year.
General Motors Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Friday, September 4th will be paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Friday, September 4th. General Motors’s dividend payout ratio is presently 36.36%.
Wall Street Analysts Forecast Growth
GM has been the subject of a number of analyst reports. Morgan Stanley increased their price target on General Motors from $100.00 to $101.00 and gave the company an “overweight” rating in a report on Wednesday, July 22nd. Evercore restated an “outperform” rating and set a $100.00 price objective on shares of General Motors in a report on Monday, May 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $100.00 target price on shares of General Motors in a research report on Wednesday, July 22nd. Citigroup increased their target price on General Motors from $108.00 to $131.00 and gave the company a “buy” rating in a research note on Monday, June 1st. Finally, Tigress Financial lifted their price target on shares of General Motors from $92.00 to $130.00 and gave the stock a “strong-buy” rating in a research note on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, General Motors has a consensus rating of “Moderate Buy” and an average price target of $101.41.
Check Out Our Latest Research Report on General Motors
General Motors News Roundup
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: Analysts lifted some earnings expectations. Zacks Research raised its Q4 2026 EPS forecast to $2.56 from $2.52, while another analyst reportedly boosted full-year FY2026 estimates. GM’s current consensus EPS forecast is $13.29. FY2026 EPS Estimates for General Motors Boosted by Analyst
- Positive Sentiment: GM continues to benefit from better-than-expected earnings. The automaker’s latest quarterly results exceeded both EPS and revenue estimates, with earnings of $3.57 per share on $48.03 billion in revenue. The stock has also gained since that report, supporting near-term investor momentum. General Motors Up Since Last Earnings Report
- Positive Sentiment: Valuation expectations improved. One analysis raised GM’s fair-value estimate from $94.81 to $100.04 per share following mixed reactions to its second-quarter results and guidance. General Motors Fair Value Rises
- Neutral Sentiment: GM is generating higher profits while selling fewer vehicles. That strategy contrasts with Toyota’s volume-focused approach, which is reportedly bringing the rival closer to GM’s long-standing U.S. sales leadership. The development highlights both GM’s improved profitability and potential longer-term market-share risk. GM and Toyota U.S. Auto Sales
- Negative Sentiment: NHTSA opened a probe covering nearly 1 million GM pickups and SUVs. Regulators are reviewing 997,743 vehicles after 499 complaints involving engine failures, including concerns that an earlier recall may not have resolved the problem. The investigation raises potential risks of additional recalls, repair costs, legal exposure and reputational damage. NHTSA Probe Into GM Vehicles
- Negative Sentiment: Longer-term earnings estimates remain mixed. Zacks Research lowered its Q1 2028 EPS forecast to $3.09 from $3.20, signaling some caution about GM’s future earnings trajectory despite the improved near-term estimate.
About General Motors
General Motors Company (NYSE: GM) is a global automotive manufacturer headquartered in Detroit, Michigan, that designs, builds and sells cars, trucks, crossovers and electric vehicles, and provides related parts and services. Founded in 1908, GM has long been one of the world’s largest automakers and has evolved into a multi-brand company whose primary marques include Chevrolet, GMC, Cadillac and Buick. Beyond vehicle manufacturing, GM’s operations encompass vehicle financing, connected services and advanced mobility initiatives.
GM develops and markets a broad portfolio of products and technologies, including internal-combustion and battery-electric vehicles, vehicle components and on-board connectivity services.
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